The largest newspaper in the United States is only reaching 1 percent of population. We are kind of assuming that 'Wall Street Journal,' 'USA Today,' and other newspapers are very important. Yes, they're extremely important, but only to 1 percent of the population on a daily basis.
Yuri MilnerIt’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.
Yuri MilnerFacebook now is mostly about people you know. In the future it could be about people you know less but are more important.
Yuri Milner